Proprietorships are very quick to get going, and need very limited legislative enforcement to get going. However, during the startup process, proprietorships do not provide a number of other advantages to the owner, such as limited liability, separate legal organization, autonomous life, transferability, etc., which are attractive characteristics for any company. Proprietorships therefore are ideal for independent, unorganized companies with minimal presence

Proprietorship Startup Process

GAC can help startup a Proprietorship in 7 to 14 days, subject to Government processing time. Since the proprietorship is itself not distinguishable from its owner hence there is no registration or approval is required to start a proprietorship business. Proprietorships do not have a process of incorporation. Therefore, our Company Counselors can guide you about how many government approvals will create the identification of the Proprietorship company.

There is no process for registration or establishment of a Proprietorship given by the Government of India. Hence, the presence of a proprietorship is only defined by tax registers and other company registers that a proprietorship is expected to have in compliance with the laws and regulations. At GAC we will support you by acquiring the necessary registrations to create an identity for your proprietorship.